Malaysia Hotline: +603- 2141 8908
Malaysia My Second
Home Programme is a programme introduced and supported by Malaysia government to
allow people from all over the world who fulfill certain criteria, to stay in
Malaysia for a period of ten (10) years (depending on the validity of the
applicants’ passport) and is renewable.
It is open to citizens
of all countries recognized by Malaysia regardless of race, religion, gender or
age. Applicants are allowed to bring their spouses and unmarried children below
the age of 21 and parents as dependents.
The MM2H visa permit
is now attracting foreign citizens to Malaysia not only to stay but also to use
it as a base from which:
1. To conduct business
overseas
2. For their
children’s education
3. To retire or
semi-retire
Before Approval
If applicants are
couple, it is advisable to appoint the person with higher financial income or
the one who is older in age to be the main applicant. Applicants can bring
along their spouse, children below 21 years old who are not married, and their
parents above age 60 years old as dependents. For the school going children,
student passes can be issued by any institutes. Parents will then be issued a
yearly dependent pass and it is renewable.
After Approval
The processing time
for approval will normally take one to three months. Upon approval, applicants
are required to open a fixed deposit bank account for one-year period on an
auto renewal basis in any banks in Malaysia.
For applicants below
age 50 years old, they are to put in at least an amount of MYR300, 000 and it
can be withdrawn after one year period but leaving a minimum balance of MYR150,
000 inside the bank account. It is also a need to show proof of monthly offshore
income of at least MYR10, 000 and the personal bank statement of the latest
3-months stating a current balance of above MYR500, 000.
For applicants above
age 50 years old, they are to put in at least an amount of MYR150, 000 and it
can be withdrawn after one year period but leaving minimum balance of MYR100,
000 inside the bank account. They can also show proof of monthly off-shore
income of MYR10, 000 as pension without needing to place a fixed deposit. It is
also a need to show proof of monthly offshore income of at least MYR10, 000 and
the personal bank statement of the latest 3-months stating a current balance of
above MYR350, 000.
Next, all applicants
are required to submit a medical report certified by any clinics or hospitals
in Malaysia and also to purchase a medical insurance from any insurance company
in Malaysia. A Letter of Good Conduct will be needed too.
Furthermore, in order
to work legally for spouses, it is not a need for them to change their
Dependent Pass into Employment Pass. They will only need to acquire the working
approval from the Immigration Department of Malaysia.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my